#LINK/USDT 1h (OKX Futures) Ascending wedge on resistance

ChainLink printed two shooting stars in a row and seems likely to retrace down to 200MA support.

⚡️⚡️ #LINK/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%

Current Price:
20.219

Entry Targets:
1) 20.449

Take-Profit Targets:
1) 19.002

Stop Targets:
1) 21.174

Published By: @TradingOn

LINK LINKUSDT.P #ChainLink #DeFi #Oracle chain.link

Risk/Reward= 1:2.0
Expected Profit= +39.6%
Possible Loss= -19.9%
Estimated Gaintime= 2-4 days

Trade active:

OKX Futures
LINKUSDT.P All entry targets achieved
Average Entry Price: 20.449 💵

LINK is pulling back to entry, let's see if gets rejected as expected.

Comment:

⚡️⚡️ LINKUSDT.P ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.6X)
Amount: 5.0%

Entry Targets:
1) 20.449 ✅

Take-Profit Targets:
1) 19.002

Stop Targets:
1) 20.449

Published By: @Zblaba

LINK is going down as planned so far after retesting the wedge resistance, already halfway to TP, time to secure SL at BE.

Trade closed manually:

OKX Futures
LINKUSDT.P Stop Target Hit ⛔️
Profit: 0.0%

LINK bounced back and kicked us out at Entry, you may stick with original SL if you are still in.

Comment:

LINKUSDT.P 2h

LINK is going back down and approaching the TP, congrats if you held short!

Comment:

LINKUSDT.P 2h

LINK finally dumped enough to hit TP, what a ride!